tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mammoth Minerals Initiates Trading Halt for Capital Raising Announcement

Story Highlights
  • Mammoth Minerals has requested a trading halt pending a capital raising announcement.
  • The halt suggests Mammoth Minerals is seeking additional funding, impacting its financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mammoth Minerals Initiates Trading Halt for Capital Raising Announcement

TipRanks Cyber Monday Sale

Firetail Resources Limited ( (AU:M79) ) has shared an announcement.

Mammoth Minerals Limited, listed on the ASX under the ticker M79, has requested a trading halt pending an announcement concerning a capital raising. The halt is expected to last until the announcement is made or until the start of trading on December 3, 2025. This move indicates that Mammoth Minerals is likely seeking to secure additional funding, which could have implications for its financial strategy and market positioning.

The most recent analyst rating on (AU:M79) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Firetail Resources Limited stock, see the AU:M79 Stock Forecast page.

More about Firetail Resources Limited

Average Trading Volume: 809,283

Technical Sentiment Signal: Buy

Current Market Cap: A$61.82M

Learn more about M79 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1